2 Campo Lane, Sheffield, S1 2EF Summary Distinctive A2/Office Building Located in the Cathedral Quarter of the City Let to Countrywide Estate Agents 10-year lease from 2013 without break Current Rent – £24,500 per annum Description A self-contained and very distinctive property built over four floors providing ground, first and
Back in 2013 we were asked if we could provide a day’s work experience to a young man who had decided that a criminology degree was not for him. We asked why he did not want to continue his studies. He replied that racking up a student debt of £700
The furore over business rates is gathering speed. Today government ministers claimed the “revolt” over business rate revaluations was rooted in “distortions and half-truths”. Sajid Javid called it a relentless campaign of misinformation. Really? Well here is just one example. We look after many properties for investors and that naturally means that
January is when every publication carries its own predictions for their relevant market. The property press is no exception. Although all of the business indicators are positive at present for the end of 2016, the future is deemed to be anywhere from slightly dark to pitch black. The combination of
Private investors should be wary of believing the press when they report on the commercial investment market. Reporting in the national media and property press will generally focus on the “fund” market. Here investment deals transact in the tens of millions of pounds. There is plenty of freely available evidence
So the year has now ended for the commercial auction houses and they are reporting record results for their December sales. The major commercial auctioneers provide a thoroughly professional, efficient and effective service in selling commercial property. Particularly investment properties. But is it always the best way to sell your
Last week saw the release of the long awaited rates revaluation of all commercial properties in the UK. Although the immediate burden of rates will be borne by occupiers, the impact on rental growth and therefore your investment holdings, should not be overlooked. Most areas in the UK have benefited from
A couple of weeks ago the property market was heading south faster than a Russian sprinter (improbably quickly). Open-ended property funds devalued their commercial assets by up to 17% to meet investor’s calls for redemption. The media reported the horrors with gusto. On one day the Times had four separate articles
A Break It’s been a great year for us and our clients but it’s been hard work. So we are closing the office for Christmas at 5.00pm on Dec 21st and promise not to come back until January 3rd. Hope that’s OK. A New Surveyor We’re on the lookout
Knight Frank have recently announced that their valuations will no longer automatically contain the “doom and gloom” Brexit clause in their valuations. You know the ones which tell their clients that now we have voted to leave the EU the property market is stuffed. These are known as “uncertainty clauses”
Lloyds Bank recently announced a cut of 3,000 jobs from their workforce of 75,000 which will result in the closure of 200 High Street branches across the UK. Although relatively small in terms of the total estate, it is highly likely that other banks will follow suit. Lloyds tried to